AIIS: U.S. steel imports surge in March

Imports of steel to the United States increased 24.7 percent compared with the previous month, while first quarter imports were up 18.7 percent year-over-year, according to recent data from the American Institute for International Steel (AIIS).

Bulk carriers launch G2 Ocean JV

Ocean carriers Gearbulk and Grieg Star have completed and launched a new joint venture called G2 Ocean that will focus primarily on the operation of their combined fleet of open hatch, semi-open hatch and conventional bulk vessels.